This website is strictly for educational purposes and is not intended to provide specific legal, financial, or tax advice. Phil Cannella and Joann Small are licensed professionals in the insurance industry. Crash Proof Retirement, LLC. does not recommend or sell securities to anyone at any time. Any interviews conducted by Retirement Media, Inc ®. published on this website are not to be considered endorsements. Crash Proof Retirement, Crash Proof Retirement Show, and Retirement Media, Inc. ®, and all related uses, are federally trademarked with the United States Patent and Trademark Office. Any company or individual found violating these federal trademarks will be vigorously pursued through all available legal avenues and penalized to the fullest extent of the law. © 2024 Crash Proof Retirement, All Rights Reserved.
Unraveling This Summer’s Unusual Economy
While 2021 was a boom year for the U.S. economy, it started to crack in the first quarter of 2022. Over the first three months of 2022, Gross Domestic Product (GDP) decreased at an annual rate of 1.6%, down from a 6.9% increase in the fourth quarter of 2021. Throughou...
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How to Track Your Expenses as You Prepare for Retirement
Have you ever thought about how much money you spend on gas, groceries, utilities, and other necessities to have a comfortable life? If you want to be prepared for retirement, it is important that you know how much money you will need every month to meet your goals. T...
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What is Your Risk Tolerance and How Does It Change as You Get Older?
If you are saving for retirement, there are a range of investment vehicles to choose from that can help you reach your goals. Most of them, however, come with a certain degree of risk. When the economy crashes, investors typically lose the gains they have made; others...
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Global Banks and Economists Predict a Recession within the Next Year
The U.S. economy mounted an artificial recovery following the COVID crash in 2020. Since January 3rd, the stock market has fallen in and out of correction territory causing economists and gl...
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President Biden’s Executive Order on Cryptocurrency
On March 9th, 2022, President Biden issued the “Executive Order on Ensuring Responsible Development of Digital Assets.” This order outlined multiple objectives related to cryptocurrencies an...
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Passion and Patriotism on Full Display at Crash Proof Retirement Educational Event
Crash Proof Retirement Founder Phil Cannella provided real financial solutions for hard-working Americans in Delaware County so they could learn more about how to protect their nest eggs from the economic risks of inflation, debt, and the policies of the current admin...
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How to Invest for Retirement When You Have Reached Your IRA Contribution Limits
If you are saving for retirement, there are several tax-advantaged investment vehicles you can use to build a healthy nest egg. These include IRAs, 401k plans, 403b plans, and more. A Roth IRA is another type of retirement account that allows you to pay taxes upfront ...
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5 Financial Planning Mistakes That Will Cost You Big Time
No matter how old you are, your retirement planning strategy will determine your standard of living in the future. Ask yourself, are you prioritizing the right kind of investments? Are you getting advice from the right people? Will you be prepared for any unexpected e...
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Crash Proof Retirement Educates Consumers about Financial Risks
Crash Proof Retirement hosted their first educational event of 2022 and received a resounding response from guests who expressed concerns about the monetary and legislative policies of the current government administration. K...
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New IRS Life Expectancy Tables for 2022: How Will They Affect Your Required Minimum Distribution?
Individual Retirement Arrangements (IRAs) and other types of tax-deferred retirement accounts provide a great way for investors to save money for retirement. If you invest in any IRA-based account or a 401(k), 403(b), or 457(b) plan, it is important to remember that y...
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